Money Makes People Stingy

“The more money a person makes or has, the less generous, helpful, compassionate, and charitable he is toward other people,” says Paul Piff, a doctoral candidate in social and personality psychology at the University of California, Berkeley.

The more you have, the less
you give. According to a 2002
Independent Sector survey,
households earning more than
$100,000 a year contributed only
2.7 percent of their income to
charity, while those earning less
than $25,000 gave a more generous
4.2 percent. New research
shows that’s no accident. “The
more money a person makes or
has, the less generous, helpful,
compassionate, and charitable
he is toward other people,” says
Paul Piff, a doctoral candidate in
social and personality psychology
at...

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